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If you have a reputation as a big, stiff bureaucracy, you're stuck.
Jack Welch
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Jack Welch
Age: 84 †
Born: 1935
Born: November 19
Died: 2020
Died: March 1
Author
Businessperson
Engineer
Journalist
Manager
Writer
Peabody
Massachusetts
John Francis Welch
Jr.
John Francis Jack Welch
Jr.
Inspirational
Stiff
Bureaucracy
Reputation
Stuck
Bigs
More quotes by Jack Welch
Don't lose youself on the way to the top.
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Management is all about managing in the short term, while developing the plans for the long term.
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Protecting underperformers always backfires.
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Managers often hold on to resisters because of a specific skill set or because they've been around for a long time. Don't.
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Strategy means making clear-cut choices about how to compete.
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A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.
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Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas.
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Hierarchy is an organization with its face toward the CEO and its ass toward the customer.
Jack Welch
They were making a deal for a property that clearly was a property that we wanted to own, so we had to act, and act as quickly as we could, and make the offer more attractive.
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Some people have better ideas than others some are smarter or more experienced or more creative. But everyone should be heard and respected.
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The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
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The world will belong to passionate, driven leaders - people who not only have enormous amounts of energy, but who can energize those whom they lead.
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The main social responsibility for a company is to win.
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The most important quality of leadership is intellectual honesty. The reality principle - the ability to see the world as it really is, not as you wish it were.
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Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
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Arrogance is a killer, and wearing ambition on one's sleeve can have the same effect. There is a fine line between arrogance and self-confidence.
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Public hangings are teaching moments. Every company has to do it. A teaching moment is worth a thousand CEO speeches. CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it.
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I believe social responsibility begins with a strong, competitive company. Only a healthy enterprise can improve and enrich the lives of people and their communities.
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If you're a leader and you're the smartest guy in the world - in the room, you've got real problems.
Jack Welch
Managers can waste a lot of time at the outset of a crisis denying that something went wrong. Skip that step.
Jack Welch
